Neil P. Ramsey Sells 6,500,000 Shares of ZAIS Group Holdings, Inc. (ZAIS) Stock
ZAIS Group Holdings, Inc. (NASDAQ:ZAIS) major shareholder Neil P. Ramsey sold 6,500,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 5th. The stock was sold at an average price of $4.00, for a total transaction of $26,000,000.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.
Shares of ZAIS Group Holdings, Inc. (ZAIS) traded up 1.53% during trading on Thursday, hitting $3.25. 1,676,289 shares of the stock traded hands. The company has a 50-day moving average of $2.13 and a 200-day moving average of $2.28. ZAIS Group Holdings, Inc. has a 52 week low of $1.29 and a 52 week high of $5.18. The firm’s market cap is $47.06 million.
Separately, ValuEngine raised shares of ZAIS Group Holdings from a “hold” rating to a “buy” rating in a research note on Wednesday.
About ZAIS Group Holdings
HF2 Financial Management Inc, formerly H2 Financial Management Inc, is a blank check company. The Company focuses on companies operating in the financial services industry.
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